NOT LISTED FOR SALE

15 S Broom St Unit 303 Madison, WI 53703

Downtown Madison Neighborhood

Estimated Value: $367,000 - $415,000

1 Bed
1 Bath
965 Sq Ft
$325/mo HOA Fee

Last Sold August 06, 2021

Last sale price $300,000 $311 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,329/month

2 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hamilton Middle School Rated A
  • Deck
  • 5-minute walk to Brittingham Park

About This Home

As of August 2021

Showings to begin 7/7. Welcome home to Broom Street Lofts! Beautiful, well-designed unit in an ideal location. Just a few blocks off the Square, walk to tons of Madison's best restaurants, bars, and coffee shops. Park your car for the weekend in the garage, and you won't need it again until Monday! Spacious unit with a bonus space the current owners use as an office. New fridge, paint, and flooring in the bedroom. Enjoy a cocktail on a warm summer evening on your balcony and enjoy watching the hustle and bustle of the city. Plenty of space to entertain with open kitchen and spacious living area. Downtown Madison at its best!

Last Agent to Sell the Property

Liz Quinn

Compass Real Estate Wisconsin License #84592-94 Listed on: 07/02/2021

Compass Real Estate Wisconsin

Last Buyer's Agent

Jannea Wood

Stark Company, REALTORS License #79452-94

Stark Company, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 2006

Lot Details

  • 0.32

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 965 Sq Ft Home
  • Open Floorplan
  • Den
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Franklin/Randall Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0709-231-5816-1

Community Details

Overview

  • Association fees include parking, water/sewer, trash removal, snow removal, common area maintenance, common area insurance, recreation facility, reserve fund
  • 23 Units
  • Located in the Broom Street Lofts master-planned community
  • Property Manager

Recreation

  • Fitness Center

Additional Features

  • Elevator
  • Building Security System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,920

Year Built

Built in 2006

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Condo
  • Type: Condominium
  • Type Of Property: Garden
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Excluded: Seller's Personal Property, Drapes
  • Items Included: Washer, Dryer, Fridge, Dishwasher, Water Softener, Garage Openers
  • Fee Includes: Parking, Water/Sewer, Trash removal, Snow removal, Common area maintenance, Common area insurance, Recreation facility, Reserve fund
  • Project Name: Broom Street Lofts
  • Year Built: 2006
  • Above Grade Sold Price Per Sq Ft: 310.88
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Finished Sq Ft: 965
  • Finished Above Grade Sq Ft: 965
  • Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 13x12, On Level: M
  • Kitchen: Dimensions: 12x8, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Dishwasher, Microwave, Disposal
  • Living Room: Dimensions: 25x15, On Level: M
  • Other Rooms: Den/Office
  • Other Room 1: Den/Office, Dimensions: 6x9, On Level: M
  • Other Room 2: Other, Dimensions: 6x11, On Level: M
  • In Unit Laundry Lvl: M
  • In Unit Laundry Room Dim: 4x7
  • Basement: None
  • Interior Amenities: Wood or sim. wood floors, Walk-in closet(s), Washer, Dryer, Water softener included, Intercom, Cable/Satellite Available, At Least 1 tub
  • Floor Number: 3
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Wood, Brick, Stone
  • Exterior Features: Deck/Balcony

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer
  • Parking Unit: Detached, Underground, 1 space assigned

Condo/Co-op/Association

  • Common Amenities: Exercise room, Security system, Close to busline, Elevator
  • Condo Fee Month: 325
  • Condo Management: Professional offsite
  • Units in Association: 23
  • Units In Building: 23

Schools

  • Elementary School: Franklin/Randall
  • High School: West
  • Middle School: Hamilton
  • School District: Madison

Lot Info

  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 5920
  • Tax Year: 2020
  • Assessor Parcel Number: 0709-231-5816-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 6, 2021
Sold by
Honda Benjamin K
Bought by
Chen Michelle and Lu Gary
Seller's Agent
Liz Quinn
Compass Real Estate Wisconsin
Buyer's Agent
Jannea Wood
Stark Company, REALTORS
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%
Current Estimated Value
$387,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,085
Avg. Annual Appreciation
6.11%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 16, 2018
Sold by
Kaikini Prasan and Haq Sayeda S
Bought by
Honda Benjamin K
Seller's Agent
Matthew Costello
EXP Realty, LLC
Buyer's Agent
Liz Quinn
Compass Real Estate Wisconsin
List Price
$259,900
Sold Price
$267,000
Premium/Discount to List
$7,100
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$253,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jul 25, 2016
Sold by
Craig Chie H and Craig Darryl L
Bought by
Kalkini Prasan and Haq Sayeda S
Seller's Agent
Kate Weis
Lauer Realty Group, Inc.
Buyer's Agent
Matthew Costello
EXP Realty, LLC
List Price
$240,000
Sold Price
$237,000
Premium/Discount to List
-$3,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Broom Street Lofts Llc
Bought by
Craig Chie H and Craig Darryl L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Michelle $300,000 Knight Barry Title
Honda Benjamin K $267,000 Knight Barry Title
Kalkini Prasan $237,000 None Available
Craig Chie H $239,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honda Benjamin K $253,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2021 08/06/21 Sold $300,000 +3.5% $311 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $289,900 -3.4% $300 / Sq Ft
07/02/2021 07/02/21 Off Market $300,000 -- --
08/17/2018 08/17/18 Sold $267,000 +2.7% $277 / Sq Ft View Prior Sale
07/10/2018 07/10/18 For Sale $259,900 +9.7% $269 / Sq Ft
07/25/2016 07/25/16 Sold $237,000 -1.3% $263 / Sq Ft View Prior Sale
07/09/2016 07/09/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $240,000 -- $266 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,517 $330,000 $45,200 $284,800
2023 $5,395 $300,000 $45,200 $254,800
2021 $5,654 $267,000 $45,200 $221,800
2020 $5,920 $267,000 $45,200 $221,800
2019 $5,944 $267,000 $45,200 $221,800
2018 $5,260 $237,000 $45,200 $191,800
2017 $5,450 $237,000 $45,200 $191,800
2016 $5,302 $224,500 $41,100 $183,400
2015 $4,648 $195,200 $27,400 $167,800
2014 $4,651 $195,200 $27,400 $167,800
2013 $4,658 $195,200 $27,400 $167,800
Source: Public Records

Agents Affiliated with this Home

  • Liz Quinn

    Seller's Agent in 2021

    Liz Quinn

    Compass Real Estate Wisconsin

    (608) 297-1544

    4 in this area

    141 Total Sales

    Liz Quinn
    Section Image
  • Jannea Wood

    Buyer's Agent in 2021

    Jannea Wood

    Stark Company, REALTORS

    (608) 235-4044

    24 in this area

    109 Total Sales

    Jannea Wood
    Section Image

  • M

    Seller's Agent in 2018

    Matthew Costello

    EXP Realty, LLC

    (608) 209-0019

    1 in this area

    9 Total Sales

    Matthew Costello
    Section Image
  • Kate Weis

    Seller's Agent in 2016

    Kate Weis

    Lauer Realty Group, Inc.

    (608) 213-4203

    2 in this area

    36 Total Sales

    Kate Weis
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1913664

South Central Wisconsin Multiple Listing Service

APN: 0709-231-5816-1

Wisconsin Dane County Madison 53703 Downtown Madison

15 S Broom St Unit 303, Madison, WI

Not Listed for Sale

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